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Permalink Reply by Anil on October 21, 2012 at 4:11pm

Hi Bharat,

I want to contribute a few thoughts.

The service you have chosen is a very practical "need of the hour" one.

You will obviously have individuals needing the service and firms needing the service. i think you should have 2 different models. for the individuals the cost per task seems very reasonable. Your challenge will be to go agressive and make it popular thru social media. I also would suggest something like hiring a peon for a day at a flat cost. Maybe 500/- I think it would work well especially when people have a function/event and need a person to manage several errands 

In the firms, it would be SME and start-ups. So an Estate Agent ( wanting to get agreements delivered or signed) , Media Agencies ( getting ad material delivered to publisher) , maybe indiviual CAs and Lawyers etc can be your target. Because these are the places where there is a recurring need for errands. With SMEs and startups i think you should price yourself at a monthly package cost that seems lucrative and yet cheaper than a cost of hiring a peon. So something like monthly 2000/- for 15 tasks and no travel re-imbursements .... and they would see a good savings in subscribing for your service vis-a-vis hiring an additional peon. For you the benefit is  (a) you get some subscription based monies that will better your margins and you may realize some of them may not utilize their quota of 15 tasks , (b) with multiple 2k subscriptions, you can plan your basic logistics like all route passes for your peons and maybe keeping a couple of 2nd hand bikes ...for jobs that dont have a good public transport system etc ...

Do connect with me offline and I will help you get integrated with another friend, ( if both of you are keen to leverage, cos they have a service based website and you have a service that can be offered there) 

Cheers!

Anil

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